Chicago Fed Charles Evans:
- Still concerned with low inflation
- “My own preference would be to wait a little bit longer, let the March anomalous inflation rate from a year ago fall out.”
- “Let’s make sure these sort of Amazon, disruptive kind of pricing models aren’t continuing to find their way into keeping inflation lower than that.”
- When inflation starts to show sign of heading to 2% target, he would be “much more confident” to continue “a gradual upward adjustment of the funds rate.”
